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Cautious Consumer Behavior and Slowdown in Retail Spending
This chapter focuses on the cautious consumer behavior and the slowdown in spending in the retail sector. Consumers are becoming more hesitant and are not making impulse purchases or buying discretionary items. Instead, they are browsing more and making purposeful purchases. The discussion also touches on the increase in prices at grocery stores and the need for consumers to pause and reevaluate their necessities.